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RE: Steem 2.0 is coming like a big wave and if you can read this you're gonna catch it.
the problem in terms of crypto what steem2 and so on will be known only for insiders who registered in steem, usually cryprocurrency are known in coinmarket cap for volume and price change, because steemit cashouts are mainly through blocktrades we are invisible to people who are not in steemit already, and because we havent celebrities and news department like in other coins we are suck at this. So for short term we can make x2-x3 but if we dont fix that shit ( like list blocktrades to coinmarket cap so peoople see volume ) ( or attract some celebrity and so on and boost news every day ) then nothing happens on long run
Correct me if I am wrong, but when you power-down, you are basically converting SP to Steem (or SBD), right? It is then reflected in the Steem market cap until traded or sold.
no its not reflected people dont see it if its not trading in exchangers , and usually after power down we use this steem to send to blocktrades and its not showing too
Okay, so it stays in your Steemit account until disposition. But isn't the main purpose of a power-down to extract one's equity? ... Meaning it will likely wind up being sold at an exchange soon thereafter?
ye it should be, but people sell it via blocktrades so exchangers dont see this numbers thats the problem
Ah, I guess I'm not that familiar with Blocktrades. Where can I climb down that rabbit hole? Thanks.
just press wallet and sell buy button and you will be redirected to blocktrades
Thanks.